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Thomson Reuters
Oct 09 - 09:48 PM
GBP/USD - Positive Brexit Headlines - Muted Response So Far
First appeared on eFXplus on Oct 09 - 07:00 PM
  • May's Brexit negotiator Robbins - meaningful progress on Irish backstop- ITV
  • No further details or response from the FX market, as Asia begins to open
  • News follows optimism into next week's Brexit summit next week nL8N1WP5Q6
  • Momentum studies edge higher, 5, 10 & 21 DMAs conflict - neutral setup
  • Initial resistance is 1.3218 Sep 26 high, then 1.3295 Sep top
  • 1.3317, 38.2% of the 2018 fall is pivotal resistance for downtrend

gbp oct 10 Click here

Source:
Thomson Reuters IFR Markets

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